1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Marianna [84]
3 years ago
14

The information below is provided for Sea Company:_________. Year Ending Inventory End- of-Year Prices Cost Index 2017 $ 90,000

100 2018 97,650 105 2019 103,550 109 2020 $109,760 112 Required: Compute Sea Company's 2019 ending inventory using dollar-value LIFO.
Business
1 answer:
Helen [10]3 years ago
3 0

Answer:

the Sea Company's 2019 ending inventory using dollar-value LIFO is  $95,000

Explanation:

The computation of the Sea Company's 2019 ending inventory using dollar-value LIFO is sown below:

= Ending inventory for 2019 ÷ change in prices

= $103,550 ÷ 1.09

= $95,000

hence, the Sea Company's 2019 ending inventory using dollar-value LIFO is  $95,000

We simply applied the above formula so that the correct value could come

And, the same is to be considered

The 1.09 come from

= $109 ÷100

You might be interested in
Sales management at universal containers wants product managers to become more involved with sales deals that are being delayed
pickupchik [31]
If these were the given choices and I had to choose 2 answers.
<span>A. Use an assignment rule to notify product managers when opportunities are updated.
B. Create a Chatter group to share product information with the sales team, product managers, and customers. 
C. @mention product managers in Chatter posts on relevant sales deals. 
D. Add the opportunity team, product managers, and customers to libraries containing files relevant to sales deals.

My answers are:
</span>B. Create a Chatter group to share product information with the sales team, product managers, and customers. 
C. @mention product managers in Chatter posts on relevant sales deals.<span> 
</span>
Chatter group is real time. It is faster and more convenient to discuss product details that are needed to boost sales. Rather than looking for a product manager, one can simply post questions and clarifications on the chatter group and everybody can see the answers. It reduces redundancies. 
6 0
3 years ago
You're serving on a marketing team for an online client, and you've been asked to create a list of key performance indicators (K
Viefleur [7K]

Answer:

You're serving on a marketing team for an online client, and you've been asked to create a list of key performance indicators (KPIs) to help improve the effectiveness of a current online ad campaign. What are two guiding principles that will help you create these KPIs?

There must be an alignment between the objectives and the mission of such organization marketing team

Also such key performance must revolve round the budget planning of the team

Explanation:

6 0
3 years ago
The Trektronics store begins each week with 360 phasers in stock. This stock is depleted each week and reordered. The carrying c
kifflom [539]

Answer:

$5,580 and $3,588

Explanation:

The computation is shown below:

Total Carrying costs is

= Average inventory × the carrying cost per phaser

= (360 phasers ÷ 2) × 31

= $5,580

And,

The Restocking cost is

= Number of orders × the fixed order cost

= 52 × 69

= $3,588

The 52 is the total weeks in a year

We simply applied the above formula

4 0
3 years ago
3.63 cubic yards + 1.53 cubic yards
Lady_Fox [76]
5.16 cubic yards is the answer.
6 0
3 years ago
Based on the given information, what will be the working capital of the company?
Romashka-Z-Leto [24]

Answer:

$37,000

Explanation:

Working capital indicates the difference between a company's current assets and its current liabilities.

Current assets include such as cash at hand, bank balances, cash equivalents, and inventories. Current liabilities are accounts payable, bills, and short term debts.

in this case,

Current assets include

Inventory    $50,000

Cash at Bank    $ 5,000

prepaid rent    <u>  $5,000</u>

Total current assets <u>$60,000</u>

current liabilities

Notes Payable   $20,000

tax payable       <u>   $3,000</u>

Total current liabilities  <u>   $23,000</u>

Working capital

= $60,000 - $23,000

= $37,000

7 0
3 years ago
Other questions:
  • The following information relates to current production of bench seats for boats at Aquamarine Manufacturing:
    7·1 answer
  • Expert Computers was started in 2018. The company experienced the following accounting events during its first year of operation
    10·1 answer
  • If the market price is $10, what is the firm's total cost?
    15·1 answer
  • What is artificial monopoly
    15·1 answer
  • Often general and special educators share the common goal of supporting students with disabilities in general education classroo
    7·1 answer
  • At the end of its first year, the trial balance of Nygaard Company shows Equipment 532,900 and zero balances in Accumulated Depr
    5·1 answer
  • You want to buy a car, and a local bank will lend you $20,000. The loan will be fully amortized over 5 years (60 months), and no
    9·1 answer
  • A production goal may be set too high by upper management because a. ​they are unsure about the actual costs of production b. ​t
    10·1 answer
  • To encourage employee ownership of the company's common shares, KL Corp. permits any of its employees to buy shares directly fro
    9·1 answer
  • Identify and discuss the skills that companies are looking for in managers.
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!